Silver (XAG/USD) shows a moderate bullish tone on Wednesday, following a two-day reversal, with price action returning to levels above the $58.00 line at the early European trading session. Precious metals are drawing s…
ING’s Michiel Tukker expects the Federal Reserve (Fed) to keep rates on hold, even as markets price a 30% chance of a hike. He notes that any decision will move United States (US) rates and influence global curves. Tukk…
Greggs's pivot towards healthier products and trending drinks has helped it boost sales, with the bakery chain reporting a 20% rise in profit over the first half of the year.
Datacentre projects in Britain will be forced to put down significant upfront fees to secure an energy connection under proposals to ease an electricity grid logjam .
Iced matcha lattes and a bigger range of salads and chicken rolls helped Greggs to boost its sales during the string of summer heatwaves, as the bakery chain continues to expand across the UK.
The US Dollar (USD) holds gains near 13-month highs against the Swiss Franc (CHF), with the USD/CHF pair trading a few pips shy of 0.8200, set for a 1.3% monthly rally. Swiss ZEW Economic sentiment has shown a significa…
USD/CAD extends its losses for the second consecutive day, trading around 1.4090 during the European hours on Wednesday. The pair loses ground as the Canadian Dollar (CAD) gains on higher oil prices, which have rebounde…
Societe Generale analyst highlight that AUD/USD is offered below 0.6950 after softer June Consumer Price Index (CPI), with markets scaling back expectations for an RBA hike. Technically, the pair has defended the March …
This Monday, March 2, the Paris Stock Exchange begins the week in a climate of strong tension. At 10:17 AM, the CAC 40 drops 1.93% to 8,415.02 points, in a session marked by a dramatic imbalance: 36 stocks are down, onl…
Geoff Yu at BNY reports that global equity allocations have reached a record share of portfolios, with United States (US) markets dominating both equity and fixed-income holdings. Yu sees recent Dollar-selling from equi…
The AUD/USD pair attracts sellers for the third straight day on Wednesday and dives to an over two-week trough following the release of softer Australian consumer inflation figures. Spot prices, however, rebound a few p…
In European trade on Wednesday, the Iranian Islamic Revolutionary Guard Corps (IRGC) announces that it fired several ballistic missiles at a United States (US) air base and the military Central Command (CENTCOM) center …
A 7.1-magnitude earthquake killed at least 13 people near the southern Japanese city of Kumamoto and rescuers are frantically searching for survivors trapped beneath the rubble, Prime Minister Sanae Takaichi says.
MUFG’s Lee Hardman notes that the Australian Dollar, a beneficiary of AI-related demand, has weakened after another softer-than-expected Australian Consumer Price Index (CPI) release. Core inflation undershot the Reserv…